6601 Park AveLake IsabellaCA93240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lake Isabella at 6601 Park Ave, Lake Isabella, CA, 93240 earns $2,121/mo cash flow from $4,283/mo rent with a $1,711/mo payment. Total monthly income totals $4,283/mo, and annual cash flow totals $25,447/yr on $115,859 capital. ROI tracks 41.87% on current figures, and rental yield reads 14.71% at a $349,500 purchase. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,560 over five years. Five-year ROI reaches 220.63% and total cumulative return in cash sums $255,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,283/mo property income instead of your personal income.
Single Family
Built in 1989
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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Listed by: Monica OBrien • Monica O'Brien Realty
Mls Name: RAOR
Mls Provider:
Mls ID: #2605771
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.